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ASM vs Top Solar - solar panel manufacturer comparison

ASM
Australia Founded 2009
Read the ASM review
VS
Top Solar
China
Read the Top Solar review
At a glance

Top Solar leads on peak efficiency at 18.60%.

Both catalogues are read from the manufacturers' own datasheets. A brand is not scored against the market here, only against the other brand on this page.

Panel models
1 1
Highest power
170 Wp 150 Wp
Best efficiency
16.0% 18.6%
Average efficiency
16.0% 18.6%
Bifacial share
0% 0%
Average warranty
- -
01

The two companies

Company facts, not datasheet figures
ASM

Australian Solar Manufacturing (ASM) is a small Australian solar panel assembler that produces crystalline monocrystalline modules domestically using components sourced from Germany, Japan, the USA, and China. The company focuses on providing locally assembled PV modules tailored to Australian conditions, supporting...

Founded
2009
Headquarters
Hallam, Victoria, Australia
Employees
1-10
Top Solar

Shenzhen Top Solar Energy Co., Ltd. is a Chinese solar panel manufacturer specializing in monocrystalline, flexible, folding, and portable solar panels, as well as off-grid and on-grid solar power systems. The company has its own R&D teams and production lines, serving customers across the US, Europe, Japan, the...

Headquarters
Shenzhen, China
Annual capacity
<1 GW/year
Employees
200+
02

Catalogue against catalogue

Averages over every model in the database
Metric ASM Top Solar
Catalog & Power
Panel Models 1 1
Max Power 170 W+20 W 150 W
Avg Power 170 W+20 W 150 W
Efficiency
Max Efficiency 16.00% 18.60%+2.60 pp
Avg Efficiency 16.00% 18.60%+2.60 pp
Reliability & Warranty
Avg Temp Coefficient -0.438%/°C -0.420%/°C+0.018
Bifacial Share 0 (0%) 0 (0%)
Avg Warranty - -

An average over a catalogue describes the range a manufacturer publishes, not the module you would buy. A brand with two flagship panels and eighty older ones averages worse than one that has retired its back catalogue.

03

What each of them builds

Cell technology across the market
Efficiency spread
Share of each catalogue in every efficiency band
Power spread
Share of each catalogue in every power band
ASM cell technology
Share of their models by cell architecture
Top Solar cell technology
Share of their models by cell architecture

Dominant cell tech: <strong>Back Contact</strong> (100%)

04

The flagships

Highest-power models from each brand
05

Written summary

Checking cache...

ASM, short for Australian Solar Manufacturing, is a small-scale panel assembler headquartered in Keysborough, Victoria, Australia. The company markets itself as one of the only domestic solar panel manufacturers in Australia, assembling monocrystalline modules locally using components sourced from overseas suppliers. It does not appear on BloombergNEF Tier 1 bankability lists, placing it firmly in the boutique or niche tier of the global industry rather than among bankable utility-scale suppliers. Top Solar, by contrast, is a brand for which substantive independent trade coverage is very limited in publicly available sources; it does not surface in BloombergNEF Tier 1 rankings, Wood Mackenzie market reports, or the major industry databases reviewed for this analysis. On institutional footprint, ASM at least carries a verifiable domestic manufacturing identity, while Top Solar's broader market standing is difficult to assess from available evidence.

ASM's published product catalog - based on ENF Solar datasheet records - covers crystalline monocrystalline modules in a relatively modest wattage range, suggesting the lineup was originally oriented toward smaller residential rooftop installations within Australia. Whether the company has since introduced higher-output or N-type TOPCon products could not be confirmed from current public sources. Top Solar's typical product families, dominant cell technology, and primary target market also remain unclear; no credible third-party review, datasheet repository entry, or trade press coverage emerged to characterise its module mix.

For a typical buyer evaluating these two brands in 2025, neither offers the financial credibility, global service network, or independently verified performance record of established Tier 1 manufacturers. If locally assembled Australian provenance is the primary selection criterion, ASM carries some niche appeal. Because reliable comparative data on Top Solar is unavailable from public industry sources, a direct head-to-head verdict cannot be made responsibly - buyers seeking bankability and long-term warranty security would be better served by a more widely recognised brand regardless.

Generated by Claude Sonnet · 2026-06-10

06

Other brand comparisons

Build your own
Manufacturers
ASM A.B. Energy
Manufacturers
AE Solar Top Solar
Manufacturers
ASM AEET
Manufacturers
AIKO Top Solar
Manufacturers
ASM AKCOME
Manufacturers
ARTsolar Top Solar
Something missing from a catalogue? Both lists are built from the datasheets in the database. If a model is absent, it has not been ingested yet.

Comparisons are computed from manufacturer datasheets held in the ComparePV database and may not reflect a brand's complete current lineup. Nothing on this page is paid placement.